The board of directors of Elife Holdings Limited announced that, based on the information currently available to the Company and the preliminary review on the Group's unaudited consolidated management accounts for the six months ended 30 September 2017, the Group is expected to record an approximately 78% increase in revenue for the six months ended 30 September 2017 as compared with that for the six months ended 30 September 2016, but the loss attributable to owners of the Company for the six months ended 30 September 2017 is expected to be approximately 2.9 times higher than that for the six months ended 30 September 2016. Based on the relevant information currently available to the Company, the Board considers that the increase in revenue is primarily due to a substantial increase in volume of trading consumer products and the newly acquired subsidiary that has already generated revenue from esmart terminal business during the six months ended 30 September 2017. The expected increase in loss attributable to owners of the Company for the six months ended 30 September 2017 is primarily attributable to the non cash share-based payment of approximately HKD 45 million, increase in staff costs, legal and professional fee and R&D expenses of approximately HKD 16.5 million.